REAL ESTATE TRENDS THAT ARE TAKING HOLD IN 2020
The coronavirus is fast-forwarding some of the real estate trends that were developing over the last few years. Let’s take a look at the trends that are taking hold and…
MARKETS WILL PAY CLOSE ATTENTION TO A PACKED ECONOMIC CALENDAR THIS WEEK
THIS WEEK’S MORTGAGE RATE SUMMARY HOW RATES MOVE: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded…
MAKE YOUR HOME A LITTLE MORE SHELTER IN PLACE FRIENDLY
Now that our homes are doing quadruple duty during home sheltering, they are working overtime to fulfill the roles of offices, classrooms, gyms, and community centers. Suddenly the surroundings…
REFINANCES RAGE ON AS THE SENATE APPROVES $484 BILLION RELIEF PACKAGE AND STATES WAITING TO OPEN
Interest rate markets in early trading this morning were unchanged from yesterday. The stock indexes in pre-open trading were higher after two days that dropped the DJIA 1200 points on Monday…
CLOSING ESCROW DURING THE PANDEMIC: THE NEW NORMAL
Congratulations, home seller. You were able to find a buyer during these crazy times. Closing escrow, however, is a little different than it once was. Realtor’s Erica Sweeney speaks of…
MARKET FOCUS: FED, CORONAVIRUS, AND STIMULUS
THIS WEEK’S MORTGAGE RATE SUMMARY HOW RATES MOVE: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded…
RATES CALM, INVESTORS SEE HOPE, AND VACCINES FLY FORWARD
The strong optimism of investors in the current environment, the unknown future of recovery, and getting the economy back to what was normal is incredible. Stock indexes continue to advance,…
MARKET FOCUS: JOBLESS CLAIMS, HOUSING, AND CORONAVIRUS
TODAY’S MORTGAGE RATE SUMMARY HOW RATES MOVE: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real…
REFINANCES JUMP, RETAIL SALES DROP, AND MANUFACTURING TAKES A HIT
Yesterday the DJIA rallied -559 points. This morning at 8:00 am ET, the DJIA is down -523. The movement today is in the rate markets, the 10 yr note yield at…
THIS WEEK RATE MARKETS FOCUSING ON CENTRAL BANKS, CORONAVIRUS, AND DOMESTIC DATA
THIS WEEK’S MORTGAGE RATE SUMMARY HOW RATES MOVE: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded…
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